Anonymous
Not applicable

Recharacterize from Roth IRA to Traditional. Then Backdoor back to Roth IRA.

I followed the steps here for Recharacterizing from Roth IRA to Traditional, it works good:

https://ttlc.intuit.com/community/retirement-income/help/how-do-i-recharacterize-a-roth-ira-contribu...

I overcontributed 3,950 (recharacterized amount)

 

However, I revisited the IRA section here, checked on the box for Traditional IRA to enter backdoor roth back to Roth IRA: https://ttlc.intuit.com/community/entering-importing/help/how-do-i-enter-a-backdoor-roth-ira-convers...@DanaB27 

I'm able to go through Step 1, 1 to 7. Where for 6, contribution to Traditional IRA is 3,950. However, I'm not able to get to 8: Choose Not to Deduct IRA Contributions. I was asked whether i tracked non deductible contributions, IRA basis, repayment distribution etc. Then, it goes on to the Roth IRA section. And as I clicked through Roth IRA section again, it says I have a penalty.